	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£23,040	£23,386	£23,736	£24,330	£24,938	£119,430
Total Expenses	£15,887	£15,972	£16,048	£16,149	£16,252	£80,307
Profit Before Tax	£7,153	£7,414	£7,689	£8,181	£8,686	£39,123
Profit After Tax	£5,794	£6,005	£6,228	£6,627	£7,035	£31,689
Change In Property Value	£3,600	£10,908	£14,980	£17,527	£14,246	£61,261
Net Return	£9,394	£16,913	£21,208	£24,154	£21,281	£92,950
Return From Rental Income (%)	5%	5%	5%	6%	6%	28%
Total Net Return (%)	8%	15%	19%	21%	19%	81%